Variable Frequency Drive (VFD) Cables Market - Global Outlook and Forecast 2024-2031

Report ID: 1369252 | Published Date: Jan 2025 | No. of Page: 116 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

VFD cables are designed to reliably carry power for variable frequency drive systems. A variable frequency drive (VFD) is a type of controller that varies the frequency of the signal and voltage to control motor speed. Other common names for VFD include variable speed drive, adjustable speed drive, constant torque drive, inverter drive, and pulse width modulation (PWM) drive. VFD systems characteristically create a significant amount of electrical noise in the form of voltage spikes, reflected waves, charging currents, common-mode voltage, and RFI/EMI interference. This leads to voltages that are two to three times the source voltage. In the case of a non-VFD cable, this could result in insulation breakdown and cable failure. Non-VFD cable also allows common-mode (or stray) voltage to find its way through the motor and equipment grounds, which causes motor and equipment failure. VFD cable significantly reduces the risk associated with these issues.
This report contains market size and forecasts of Variable Frequency Drive (VFD) Cables in global, including the following market information:
Global Variable Frequency Drive (VFD) Cables Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Variable Frequency Drive (VFD) Cables Market Sales, 2017-2022, 2023-2028, (K Meters)
Global top five Variable Frequency Drive (VFD) Cables companies in 2021 (%)
The global Variable Frequency Drive (VFD) Cables market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Foil/Braid Shield Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Variable Frequency Drive (VFD) Cables include Belden, Nexans, General Cable (Prysmian), Southwire, TPC Wire & Cable Corp, LS Cable & System, Helukabel, The Okonite Company and Galaxy Wire, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Variable Frequency Drive (VFD) Cables manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Variable Frequency Drive (VFD) Cables Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Meters)
Global Variable Frequency Drive (VFD) Cables Market Segment Percentages, by Type, 2021 (%)
Foil/Braid Shield
Copper Tape Shield
Armor Shield
Others
Global Variable Frequency Drive (VFD) Cables Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Meters)
Global Variable Frequency Drive (VFD) Cables Market Segment Percentages, by Application, 2021 (%)
Oil & Gas
Industrial
Infrastructure
Power Generation
Others
Global Variable Frequency Drive (VFD) Cables Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Meters)
Global Variable Frequency Drive (VFD) Cables Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Variable Frequency Drive (VFD) Cables revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Variable Frequency Drive (VFD) Cables revenues share in global market, 2021 (%)
Key companies Variable Frequency Drive (VFD) Cables sales in global market, 2017-2022 (Estimated), (K Meters)
Key companies Variable Frequency Drive (VFD) Cables sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Belden
Nexans
General Cable (Prysmian)
Southwire
TPC Wire & Cable Corp
LS Cable & System
Helukabel
The Okonite Company
Galaxy Wire
Friedrich Lutze GmbH
LAPP Group
SAB Bröckskes
Alpha Wire
Eland Cables
Jiangsu Shangshang Cable
TFKABLE

Frequently Asked Questions
Variable Frequency Drive Cables Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Variable Frequency Drive Cables Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Variable Frequency Drive Cables Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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